Atlanta, November 13, 2014 – eVestment today announced it ranked 307 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. eVestment grew 294 percent during this period.
Jim Minnick, eVestment’s CEO, credits the company’s continued growth to innovative product development, exceptional client service and increased demand for eVestment’s data and analytics capabilities.
“Institutional investors work every day to safeguard and grow pensions, charitable endowments, sovereign wealth funds, scholarships and more globally,” said Minnick. “It is essential that they have the tools they need to make the best investment decisions possible in the most efficient manner possible. eVestment is pleased to serve the industry with increased insight in these important endeavors.”
eVestment is one of only 11 companies from Georgia to make the list.
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
eVestment provides a flexible suite of easy-to-use, cloud-based solutions to help the institutional investing community identify and capitalize on global investment trends, better select and monitor investment managers and more successfully enable asset managers to market their funds worldwide. eVestment’s mission is to help make smart money smarter.